Bitcoin’s rally has taken some altcoins up with it in USDT value, and the best performing cryptos have even begun to lead Bitcoin and pump on their ALT/BTC pairs. Let’s explore which coins could be a buy for the next crypto bull run.
Coins to Buy for the Next Bull Run
The recent spike in Bitcoin’s price (now back over $22,000) also led to some massive pumps on altcoins. To help investors avoid FOMO’ing into the wrong assets, this market overview explore which coins have high potential to keep making gains over the next crypto bull run.
1. Battle Infinity
Investing in a presale could be a wise investment choice if the early 2022 bearish market structure is about to turn around and flip bullish. The next crypto bull run could see new coins that launch for trading with a low market cap see a high return on investment (ROI) for early investors.
Battle Infinity is currently only a week into its 90 day presale as of late July 2022 and already has raised over 1250 BNB, the equivalent of $300,000 in USD terms.
This new crypto presale is for the Battle Infinity metaverse game’s native coin, IBAT, and runs until October 10th with a minimum purchase of 0.1 BNB and a maximum of 500 BNB.
Find more details on this upcoming NFT-based game, its roadmap and whitepaper on the Battle Infinity website.
Unlike other crypto games Battle Infinity aims to offer a range of metaverse gaming experiences, one of which will be a decentalized fantasy sports league, the IBAT Premier League.
IBAT Bull Run
During the 2021 crypto bull run, Axie Infinity made over 166,000% during its 12-month bull cycle from Nov 2020 to Nov 2021 – and an even bigger percentage gain for presale investors.
Battle Infinity hasn’t launched on crypto exchanges yet but could be one to watch for the next crypto market bull run, if that kicks off in the remainder of 2022 or early in 2023.
2. Waves
Waves is a blockchain protocol enabling developers to build smart contracts and DApps.
Waves Bull Run
WAVES has seen massive volatility in the last few months. Investors who bought the coin in mid-February 2022 watched the coin spike more than 650% by the end of March to set an all-time high (ATH) of $63.98. Since then, the coin dropped to $4.
WAVES’s recent jump saw the price rally about 150% in a day. The price can’t just keep going up, and a retrace is inevitable. Investors should also take note that Waves broke through key support at the $9 region, then went on to set new lows. The price is back at that region, trying to break through its new resistance.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
3. Axie Infinity
Axie Infinity is a play-to-earn non-fungible token (NFT) designed as an online video game. Players earn the AXS tokens (Axie Infinity Shards, the game’s native currency) after building teams of fierce creatures to conquer enemies by minting and collecting NFTs that represent digital assets known as Axies.
Axie Infinity Bull Run
In June 2021, Axie Infinity went on a massive bull run, pumping 4,500% to reach an ATH of $165 in November 2021. After losing 87% of its value, Axie Infinity may have reached the bottom before spiking just over 60%. The hourly chart has mostly revealed green candles for the last 24 hours, so a retracement is likely on the cards. The last thing that investors want is to buy the top.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
4. Near
NEAR is the native token of the Near Protocol, which is a decentralized application (DApp) platform focusing on user and developer usability. NEAR token holders use them to pay transaction fees and storage. The launch of NEAR’s stablecoin, USN, prompted investors to earn interest on NEAR.
Near Bull Run
NEAR went on a 1,200% rally from July 2021 to and reached an ATH of $20 in January 2022. Then, NEAR dropped 60% before recovering most of its loss, but it has been making new lows since the beginning of April 2022. Its recent spike of over 30% resulted in NEAR reaching closer to key resistance. If it can break through the $7.50 region, further upside is possible.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
5. Cardano
Cardano is a proof-of-stake platform that facilitates peer-to-peer transactions with its cryptocurrency, ADA. Its founder, Charles Hoskinson, developed ADA to provide a more balanced and sustainable ecosystem for cryptocurrencies.
Cardano Bull Run
One of the first altcoins to go on an epic bull run after Bitcoin’s rally in 2021 was ADA. The coin surged 2,600% to reach an ATH of $3.09. An 87% crash followed, but ADA has recently bounced 32% off support and reached resistance at the $0.60 region. If it breaks through the resistance, the next price it should reach could be around $0.75.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
Related
- Battle Infinity Review – What is IBAT Coin?
- Bitcoin Price Prediction of $250k Repeated by Tim Draper
- Cardano Price Prediction 2022 – 2025
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